Equations Flashcards
Quick Ratio
Current Assets except for inventory / CL
AR Turnover
Sales / Avg AR
Days in AR
End AR / (Sales /365)
Inventory Turnover
COGS / Avg Inv
Days in INV
Ending Inv / (COGS / 365)
AP Turnover
COGS / Avg AP
Days of payables outstanding
End AP / (COGS / 365)
Cash Conversion Cycle
DAys in sales outstanding + Days in Inventory - Days of payables outstanding
Asset Turnover
Sales / Avg. total assets
Profit Margin
NI / Sales
ROA
NI / Avg Total assets
Dupont ROA
Profit Margin x Asset Turnover
ROE
NI / Avg. total equity
Gross profit margin
(sales - COGS) / Sales
Equity Multiplier
total assets / total equity
Times interest earned
Earnings become interest and taxes / Interest Expense
EPS
income available to common shareholders / weighted average common shares outstanding
price earnings ratio
Price per share / Basic EPS
Dividend payout
cash dividends / net income
